UV Disinfection Equipment Market

Market Leadership - UV Disinfection Equipment Market

The UV disinfection equipment market size is projected to reach USD 9.2 billion by 2026 from an estimated USD 4.8 billion in 2021, at a CAGR of 14.0% from 2021 to 2026. Extensive use of UV disinfection equipment in healthcare facilities for disinfecting hospital environment and increasing demand for UV disinfection equipment to combat COVID-19 pandemic are among the factors driving the growth of the UV disinfection equipment  market.

Xylem Inc. (US), Trojan Technologies (Canada), Halma Group (UK), Kuraray Co., Ltd. (Japan), Atlantic Ultraviolet Corporation (US), Evoqua Water Technologies LLC (US), Advanced UV, Inc. (US), American Ultraviolet (US), Atlantium Technologies Ltd. (Israel), and Hoenle AG (Germany),  are some of the key players in the UV disinfection equipment market. These players have adopted various growth strategies, such as acquisitions, partnerships, product launches, expansions, and contracts, to retain their presence in the UV disinfection equipment market. Acquisitions has been the most dominating strategy adopted by the key players from January 2018 to December 2020 to help them strengthen their product portfolio and broaden their customer base.

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Xylem Inc. held the leading position in the UV disinfection equipment market. The company witnessed a revenue decrease of approximately ~8–10% from 2019 to 2020 and held ~16–18% share of the UV disinfection equipment market in 2020. To strengthen its market position, the company is partnering with other companies and expanding its global reach. It focuses on producing UV disinfection equipment to cater to the demands of the municipal, commercial, residential, and industrial sectors.

Trojan Technologies held the second position in the UV disinfection equipment market. The company is one of the leading manufacturers and providers of UV disinfection equipment and components for water and wastewater treatment. The company has not adopted any organic or inorganic strategies from 2018 to 2020. It is dependent on its existing product portfolio to sustain its position in the UV disinfection equipment market.

Halma Group has secured third position in the UV disinfection equipment market. The industrial and municipal sectors have been showcasing their continued confidence in  Halma Group’s products, which has been substantiating the position of the company in the UV disinfection equipment market. Additionally, the company is concentrating on enhancing its UV disinfection equipment portfolio by actively offering innovative products to cater to consumer requirements. For instance, the AirLine UVv, a UVC device for HVAC systems was launched by the company to kill the SARS-CoV-2 virus.

Kuraray Co., Ltd. entered into the UV disinfection market after acquiring the US-based Calgon Carbon Corporation in March 2018. Since then, the company has established itself as one of the key manufacturers of UV disinfection equipment used in municipal water treatment, environmental water treatment, and ballast water treatment. The company can generate significant sales not only through its direct subsidiaries but also through third-party distributors, which improves the bottom line of the company in the UV disinfection equipment market.

Atlantic Ultraviolet Corporation has secured fifth position in the UV disinfection equipment market. The company is concentrating on enhancing its product portfolio by actively offering numerous UV disinfection equipment and components for residential, industrial, and commercial sectors. The company has increased its focus on online retail to sustain in the ever-changing market. The company has 12 patents safeguarding its UV disinfection equipment offerings from counterfeiting.

Related Reports:

UV Disinfection Equipment Market with COVID-19 Impact Analysis by Component (UV Lamps, Reactor Chambers), Power Rating (High, medium, low), Application (Water and Wastewater, Surface), End-user (Municipal, Residential), Geography - Global Forecast to 2026

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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USA : 1-888-600-6441
[email protected]

Report Code
SE 5828
RI Published ON
1/25/2021
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